Federal Insurance Contributions Act tax paid by both employees and employers to fund Social Security and Medicare.
Form 940 is the IRS form that employers use to report and pay their annual Federal Unemployment Tax (FUTA). This form plays a crucial role in the administration of unemployment benefits to workers.
The AUTOGEN (Automated Generation of Federal Tax Deposit Coupon) form is a document mailed by the IRS to a taxpayer to accompany the employment tax deposit at any Federal Reserve Bank.
Circular E (IRS Publication 15) provides comprehensive instructions for employers regarding employment tax withholding amounts and procedures.
A comprehensive guide to Employment Tax, including FICA Taxes, Self-Employment Tax, and Social Security Taxes.
Detailed explanation of quarterly returns, including employment and estimated tax returns, such as Forms 941, 942, and 943, and state unemployment tax returns, due quarterly to report gross wages paid and withholdings of income tax, Social Security tax, and Medicare tax.
A comprehensive overview of household employees, including their definition, examples of roles, tax considerations, and legal requirements.
